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Exactly. First, report the theft to the credit card company. Normally, you have no liability for illegal use of the card. However, if you know about it and don't report it, you may lose that protection and you may become liable for charges made by the thief.
You second call (immediately following the first one) should be to the police. Insist that they take a report of identity theft, even if they balk. Get a copy of that police report. It will come in handy later.
Your third call should be to one of the three credit reporting agencies to place a fraud alert on your file. Calling one will place the alert on all three.
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The answer is 42!!
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